Call for Artists, Making Money at Juried Art Fairs, Craft Shows and Festivals
I live in California and was trying to get liability and something of an "Inland Marine" policy, and man, oh, MAN! What a hassle! I went to State Farm and they quoted me $1200 a year.
I went to RLI here in California and got shuffled around (very politely, though!) to various people because out here, they didn't really know or agree that I needed an inland marine policy. They finally sent me over to someone who was going to set me up with a home based business policy. By that time, my back was up against the wall in terms of coverage, as my show was going to start within a day and I had to be able to show proof of insurance. That was my bad, by the way, as I had started looking last minute and should have started my research at least a month or so earlier!
Anyway, I signed up online with an annual policy from ACT: http://www.actinspro.com/policy/annual-policy-MAC-2388763-005129, pretty much because it was the easiest option at that 11th hour, and in looking over the policy, it seemed like exactly what I needed. Best of all: it cost $265, not $1250!
Now, I haven't had a claim, so I can't vouch for the service, but when you live in California and get nothing but hellishly expensive insurance quotes when you're just starting out and have no budget, ACT looked pretty darn good!
I hope that helps someone!
Inland marine is generally used for contractors who frequently have expensive equipment, tools, etc., on job sites. Not all agents are familiar with what we do so they are not familiar with the policy type.
I just saw this thread and called RLI today. I was quoted over $800 a year! Yikes! That was for $25K inland marine coverage and $1 million liability. That's insane. I don't understand why it was so high.
Through ACT I can get the same liability coverage and $10K inland marine coverage for $265 or $50K inland marine coverage for $450. Plus - the deductible with ACT is only $100 vs $250 with RLI. I'm definitely giving ACT a try.
Why Inland Marine??
I pay under 300.00 per year, I am covered in my home studio- equipment and all and liability, on the road-for inventory and equipment, at the shows for theft, damage, liabililty, inventory, equipment, cash/ credit reciepts etc. If travelling to/ from shows I am covered. It's a Small, Home Business policy. Why do any of you need Inland Marine policies?? Those are for contractors- painters, pavers, well drillers, roofers, yard care, etc- basically building and maintenance equipment- with VERY expensive equipment, who use that equipment at other peoples homes and businesses. You need to make your needs clearer to the people you are getting these quotes from.
The Craft Emergency Relief Fund+ (CERF+) has recently published a pocket booklet, The Business Insurance Guidebook for Artists, which is available for purchase for $3.00 including postage or for free download at: http://studioprotector.org/OnlineGuide/Safeguarding/GettingtheRight... .
CERF+ has been advocating business insurance for artists for the past 10 years and has done extensive research and education on this very topic. This booklet is the best $3.00 you'll ever spend on your business.
martha (shameless promoter of CERF+ and former board member of CERF+)